Thomas Reid

Plume正在悄然搭建現實世界資產（RWA）與區塊鏈之間的橋樑。





其RWA橋接計劃允許企業將現有資產（如房地產、公司債務、發票或收入流）包裝成可瞬時移動、快速結算並與錢包及應用程序集成的代幣。投資者可以購買小部分股份，公司可以更快地籌集資金，大家都能看到發生了什麼，這要歸功於開放的鏈上記錄。





主要優勢：






即時流動性和結算：資產幾乎可以瞬時交易，消除了傳統的延遲。

Bridging Risk and Reward


Every major transformation in finance starts with a question about risk. From joint-stock companies to digital currencies, breakthroughs have forced regulators, builders, and investors to ask: how can we expand access without losing control? In today’s always-on decentralized financial ecosystem, that question is more urgent than ever. At DC Fintech Week 2025, Plume’s General Counsel, Salman Banaei, joined leaders from Multicoin Capital, Securitize, and the DeFi Education Fund to explore how transparency and policy can coexist in perpetual markets.





The panel, “Always On. Always Risky? Liquidity and On-Chain Finance,” captured the duality of crypto’s current evolution. Blockchain is no longer fighting for legitimacy—it is negotiating its role in global finance. Plume, a key driver in real-world asset (RWA) tokenization, bridges two worlds traditionally at odds: traditional finance, which demands stability, and DeFi, which prizes freedom. Through smart design, legal clarity, and verifiable trust, Plume demonstrates that both can coexist.





The Global Context: Regulation in Motion


By October 2025, more than $30 billion in real-world assets had been tokenized on-chain, from short-term credit to treasury yields. With this growth comes increased scrutiny. Regulators worldwide—from Washington to Brussels to Singapore—ask: how do we regulate a market that never sleeps?





Plume’s participation in events like DC Fintech Week provides regulators with functioning, compliant systems to study. Its RWAfi (Real-World Asset Finance) model doesn’t just tokenize assets—it embeds compliance and reporting directly into the infrastructure. Regulation becomes a feature, not a friction point, offering a blueprint for financial architecture that policymakers can understand and trust.





Banaei emphasized that compliance enables innovation rather than hinders it. Clear frameworks attract capital; predictable rules encourage growth. Plume’s model integrates regulation from the start, showing how compliant DeFi can function in practice.





Building Bridges Between Systems


Tokenized finance is fundamentally a coordination problem. Traditional finance relies on legacy rails with delayed settlement; DeFi operates on instant execution and global reach. The question isn’t which system will win—it’s how they can collaborate.





Plume’s RWAfi architecture creates this bridge. By combining permissioned asset issuance with public liquidity layers, regulated entities access DeFi efficiency without compromising compliance. Bonds, funds, and structured products can be tokenized under legal clarity, while DeFi participants provide liquidity and yield. In Q3 2025 alone, Plume processed over 11 million proof-verified transactions, originating more than $500 million in compliant RWA value. These figures show meaningful, real-world capital flow, helping shift the narrative from “crypto vs. regulators” to “crypto with regulators.”





Liquidity as a Public Good


Liquidity isn’t just a technical metric—it’s trust. Strong liquidity signals confidence; weak liquidity fuels fear. In 24/7 on-chain finance, every second matters.





At DC Fintech Week, a key takeaway was treating on-chain liquidity as a public good. Plume achieves this by using transparency as a stabilizer. Real-time reporting, on-chain auditing, and compliance-linked yield models make liquidity predictable and verifiable. Markets built on transparency behave differently: risk pricing becomes more rational, informed by verifiable data rather than rumors. The result is a freer, safer market.





The Role of Legal Infrastructure


Early DeFi often treated regulation as an afterthought, assuming decentralization offered immunity. Today, legal infrastructure is as critical as code.





Plume’s proactive compliance model aligns with existing securities and payment frameworks. Partnerships with licensed custodians, auditors, and token issuers anchor every transaction in the real world. As Georgia Quinn from Securitize highlighted, regulatory clarity fosters capital formation: when investors understand an asset’s legal status, they deploy capital with confidence. Plume integrates these standards into its technical stack, creating a hybrid environment where legal reliability meets the speed of code.





A New Model of Accountability


Plume introduces a cultural shift in finance. In traditional systems, accountability flows upward; in decentralized systems, it flows outward. Validators, participants, and smart contracts share responsibility for maintaining integrity.





Through proof-of-compliance standards and on-chain verification, Plume distributes accountability, reducing single points of failure. Banaei called this a “compliance commons”—a collaborative, network-based model of trust. Transparency benefits everyone, transforming compliance from a centralized burden into a shared responsibility.





The Human Element of Constant Markets


Even with automation, human judgment remains crucial. Continuous markets can be exhausting, but they also present new opportunities. Plume’s design philosophy balances machine precision with human oversight. Automated yield adjustment, risk monitoring, and governance tools allow participants to step back without losing control, elevating human decision-making rather than replacing it.





The Emerging Policy Landscape


Regulators are adapting globally. The EU’s MiCA framework sets standards for token issuance, while the U.S., Singapore, and Hong Kong continue refining rules for digital assets. Plume’s modular compliance model allows it to operate across jurisdictions without interruption, making it a credible partner for policymakers.





Closing Reflection

$PLUME
DC Fintech Week 2025 underscored that the future of finance will be defined by collaboration between innovation and regulation, not conflict. Plume’s presence symbolizes leadership: proving that compliance and creativity can coexist. By embedding accountability and transparency into tokenized finance, Plume is building the connective tissue that both traditional institutions and DeFi ecosystems need.


@Plume - RWA Chain


Risk is not something to hide—it must be visible, measurable, and fair. On-chain transparency makes that possible. Plume is shaping the next generation of financial infrastructure by balancing risk and reward with integrity and precision.
#plume

事物 — 每日的“那又怎樣？”想想“實體資產”，就像一塊建築、一筆貸款或一個基金股份。在傳統金融中，這些資產難以拆分、管理和交易 — 有大量的文書工作、法律檢查和中介。Plume的目標是將這些資產放到區塊鏈上，但所有法律和合規的護欄完好無損。因此，您可以更靈活地劃分、轉移和管理它們 — 但這種方式是機構和監管機構所接受的。簡而言之：它不是試圖將迷因或遊戲移至鏈上，而是與真實金錢、真實法律索賠和真實收入相關的東西。Plume在後台所做的（簡單來說）以下是主要特徵，用較少的流行術語解釋：為實體資產建造的區塊鏈。Plume是一個模塊化的、EVM兼容的第二層鏈。這意味著它重用以太坊“智能合約”世界中的許多內容，同時自定義數據、驗證和合規的運作方式。內置智能錢包和規則。Plume不僅僅允許任何人轉移任何東西，而是給您“智能錢包” — 可以自動執行規則的錢包（例如，“僅賣給合格投資者”，“鎖定這些代幣一年”）。合規 + 代幣化作為基本原則。在許多項目中，合規（KYC、轉移限制、審計）是附加項。對於Plume來說，這是基礎的一部分。橋接到外部系統。儘管Plume是自己的鏈，但它需要與傳統金融系統（結算系統、證券登記處）和其他區塊鏈進行通信。這種互操作性至關重要。一個重要的里程碑：作為轉移代理的SEC註冊最近的重大發展之一：在2025年10月，Plume在美國證券交易委員會（SEC）註冊為轉移代理，使其能夠根據美國法律合法管理代幣化證券、所有權記錄和轉讓。為什麼這很重要：轉移代理是金融中的傳統後台角色（跟踪股東、管理公司行動）。現在Plume可以為代幣化股份在鏈上執行這些職能，將區塊鏈與SEC / DTCC系統相連。反應是立即的：PLUME代幣在消息發布後跳升了約25-30%。Plume還表示它已經受到機構基金的興趣（例如，美國的40 Act基金），並正尋求更多的許可，比如經紀商-交易商或交易系統。因此，這不僅僅是另一個聲稱“我們支持實體資產”的區塊鏈 — Plume擁有監管聲明。前景樂觀 — 但也充滿挑戰看起來強勁的地方法律基礎。Plume不僅僅是隨意行動，而是與監管機構接觸，獲得正式身份（轉移代理）以減少法律摩擦。集成設計。因為合規是內置的，這可能減少發行者的開支（更少的自定義管道，更少的手動步驟）。機構吸引力。許多機構投資者不會觸及缺乏法律明確性的代幣化資產。Plume的方法增強了信心。速度和效率。團隊聲稱，曾經需要幾個月的代幣化可能通過自動化法律步驟來縮短為幾周或幾天。需要注意的挑戰法律和司法管轄權的複雜性。美國SEC的認可並不意味著每個國家都會接受Plume的模型。在美國合法的東西可能在您的地區（例如在巴基斯坦）不成立。操作風險。如果出現錯誤或駭客攻擊，代幣背後的索賠 — 真實資產 — 仍然必須在法院或通過保管人可執行。採用瓶頸。發行者必須相信基礎設施是安全的、合規的和有利的。說服他們遷移或在此開始並非易事。法規演變。即使在美國，關於代幣化證券和加密貨幣法規的法律仍不明朗。今天合法的東西明天可能需要調整。想像一個用例 — 代幣化房地產以下是這在實踐中可能的敘述：1. 一位開發商擁有一棟商業建築，想通過出售部分股份來籌集資金。2. 他們使用Plume的發行工具將這些股份轉換為代幣，嵌入規則（例如僅限合格投資者、鎖定期）。3. 投資者購買代幣；所有權在鏈上記錄。股息、租金支付或收益自動流向代幣持有者。4. 如果投資者想出售，他們可以通過鏈上的市場向合格買家出售 — 轉讓規則自動執行。5. 所有記錄（誰擁有什麼、何時、如何）都以透明、不變的方式保存，並鏈接到合規系統或監管接口。由於Plume現在已作為轉移代理在SEC註冊，在美國的背景下，發行和所有權轉讓將具有法律合法性。底線 — 簡單來說Plume不僅僅是另一個區塊鏈。它試圖成為安全、合法支持的橋樑，以將真正的金融資產帶入鏈上。如果它成功了 — 特別是在與監管機構合作方面 — 可能會改變房地產、私人債務和基金的發行、交易和管理方式。但這仍然處於早期階段。法律框架、採用、保管系統和全球接受度仍在進展中。使用興趣很高，但風險是真實的。@Plume - RWA Chain $PLUME